Switzerland has historically comprised autonomous cantons, the history of some dates back to 700 years. The Swiss confederation came up in 1291 and gained freedom from the Roman Empire in 1499. Since then, the confederation has gone through many of the European ‘Balance of Power’ wars; yet, over all these, and even during both the World Wars, the Swiss maintained a position of neutrality, which critics claimed was a fence-sitting posture, more because Switzerland was a safe haven for the rich & powerful, from all countries, to park their wealth. Since ages, its political neutrality and economic openness has helped it maintain friendly relations with all its neighbours, including Germany.
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Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006
For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006
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